Elon Musk's mention might be enough for comeback
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But recently its value and attention had decreased, much like that of many meme tokens. The token was briefly back in the news after Musk's recent comment, which caused some market movement. However, it's was not significant, and WIF is not showing any signs of investors FOMOing into it.Bitcoin/USD Chart by TradingView
It is commonly known that Musk has a significant impact on the cryptocurrency market. Previous price spikes for assets like Dogecoin andEven when he offers humorous twists to his endorsements, investors frequently respond to them swiftly. Previously, Musk has not really mentioned any smaller meme coins and has mostly stuck to meme industry giants like Dogecoin and Shiba Inu.can always take advantage of technological benefits.
Currently, Solana is going through a tough period, and its meme coin industry is mostly fueled by tokens launched by celebrities like Iggy Azalea. Unfortunately, the profitability of those tokens is far from the levels of proper digital assets like Bitcoin or Ethereum.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.
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